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gabriel shapiroProfile· Neutral@doubleup_appOn Ethos
DoubleUp
1 review, not positive.0% positive · 1 review· Influence factor 6, above 1% of accountsWhat people say
Received · 1Given · 0“The Rug house in SUI blockchain”Launched a $PUP memecoin and rugged. Launched a DAPY bot to rug with $PUP, followed by a $DAPY token launch to rug again. $UP launched at 40M FDV and raised $500k from a lottery, Right now, it’s at 25M FDV, making users lose money again. Launched Citizen NFT at 50 SUI public sale (WL 35 SUI) mint price, allocated a $100 airdrop with 1-year lock (later reduced), and made Citizen NFTs non saleable after airdrop claim. they were meant to share revenue every month, but they are supposed to be sharing it quarterly, when their mood turns out to be good. That’s just around 1–2 SUI every time, which makes it an average of 1$ every month. That’s just 5k SUI. Users saying ~$10k reward is huge in comment them ngmi. DoubleUp’s daily revenue is more than that, According to their stats 1 month revenue is $362k. Let’s assume $500k quarterly revenue, then it’s just 2% of that. All the revenue is going into their pockets, there’s nothing wrong with that, but if you announced revenue sharing, then you have to follow through, also nothing is reflected in the $UP... Few arguments you may give there is a Unihouse reward and monthly contest. Then it’s cost cutting before showing revenue, right? There is nothing stated clearly in docs and their posts. Tbh, at the end it’s a gambling platform, what can you expect from that...
crazyDrops ☄ · 1490· 1y ago · negative2
crazyDrops ☄ · 1490· 1y ago · negative21 of 1 · most upvoted first